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Updated almost 2 years ago on . Most recent reply

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631
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Justin R.
  • Rental Property Investor
  • San Anselmo
570
Votes |
631
Posts

Oversight of property management on STRs

Justin R.
  • Rental Property Investor
  • San Anselmo
Posted

I have been doing STRs for a few years but my niche is long term rentals. I have been using my property management company to run the STRs.

They utilize AirBnb, VRBO, and their own website for the bookings.

I basically have zero oversight (besides logging into the AirBnb account) as the net income just gets deposited into my account.

Is there a way I can pull occupancy data, and average daily rates from VRBO and AirBnB (other than going into the history and doing the math myself?)

Is there a good platform or calendar that people are using to tie all three of these booking resources together?

Thanks for any input. I would just like some type of oversight of my PM so I can better track performance history.

Thanks

  • Justin R.
  • Most Popular Reply

    User Stats

    2,233
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    1,294
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    Sarah Kensinger
    • Real Estate Consultant
    • Ohio
    1,294
    Votes |
    2,233
    Posts
    Sarah Kensinger
    • Real Estate Consultant
    • Ohio
    Replied
    Quote from @Collin Hays:
    Quote from @Sarah Kensinger:

    You need to request a monthly report from your PM! It's what we do for clients, unless they request it bi-monthly. It should be a standard procedure with all PM companies, but unfortunately a lot of them just won't take/make the time for their clients.  


     Interesting!  What sort of report are you offering for your clients?  

    ~Everything money related...revenue, our fee, cleanings, cost of supplies, etc.
    ~Occupancy
    ~Couple recent reviews

  • Sarah Kensinger
  • [email protected]
  • 330-557-3021
  • Loading replies...